Project Accountant
Company: Mortenson
Location: Milwaukee
Posted on: June 25, 2022
Job Description:
Company Overview: Mortenson's success is not a matter of luck;
it's a result of our ingenuity, expertise, and exceptional people
coupled with our unparalleled focus on customer service. Our
foundation and culture are based upon our company values of trust,
safety, teamwork, responsibility, service and stewardship. We are
inspired by a compelling purpose to build structures and facilities
for the advancement of modern society and a mission to create an
exceptional customer experience. Mortenson has built a reputation
for being a leader in our industry and in the communities in which
we live and work. It all starts with our exceptional people and
exceptional teams. Mortenson has been voted a \"best place to
work\" 38 times regionally over the past decade - -What are you
waiting for?! Summary: Mortenson's Milwaukee office is currently
seeking a Project Accountant that will provide accounting,
analysis, and financial support to one or more teams overseeing
completion of a construction project. This individual will serve as
the key liaison from the Finance and Accounting department to the
project team. Responsibilities: Review the construction contract
requirements for assigned projects (i.e., lump sum or smaller
cost-plus)
*Utilize contract summary for daily
work *Perform budget allocations as required *May provide
assistance in complying with various other contract requirements,
i.e., certified payroll reporting, minority participation
reporting, or providing necessary information to maintain insurance
for the project *Assist in tracking subcontractor lien waivers if
necessary Process receivables in a timely manner to result in a
favorable project cash flow
- *Prepare less complex cost-plus
project billings, ensuring all allowable costs are billed in a
timely manner *Respond to resulting questions from customer or
project manager *Ensure cash receipts are posted to the correct
invoice *Elevate awareness of financial implications that can be
addressed or reversed *Work with the project team to assure timely
payment receipt *May prepare lump sum billings in lieu of the
Project Manager - Enter project billings into the system for lump
sum billings Process payables with an accurate understanding of the
sales and use tax requirements for the project
-
- *Provide new vendor set-up
information, coordinate payments, and daily issuances as needed
*Set up new subcontracts and process subcontractor applications
when appropriate *Review equipment pre-bill reports and work with
Project Manager to ensure accuracy *Ensure all project costs
(equipment, material, supplies, misc.) are processed Conduct
project cost, other analyses, and reporting for the project team
and Group Accounting Manager
-
- *Prepare specialized reporting for
assigned projects *May assist the project manager in preparing
monthly financial projections, including potential cost issues that
may impact forecasted costs and profitability *Understand what is
impacting the project costs, and identify anything improperly
impacting an assigned project Understand the relevant components of
labor cost in the geographic area of the project
-
*Includes union agreement details,
benefit programs, and prevailing wage requirements *Ensure new
craft labor team members are in the system, team member files are
created and maintained, and hours are captured and reported weekly
*Review certified payroll reports for accuracy and completeness
Other duties as assigned, including:
*Answer general questions on PCIM
policy or system *Represent Mortenson's best interests in working
with project auditors *Assist with annual and special audits as
necessary *Assist with annual physical inventory procedures as
necessary Education and Required Skills:
*Bachelor's degree in Accounting,
Finance or Business Administration
*Detail orientation and
organizational skills sufficient to support multiple concurrent
projects *Construction-related business exposure helpful;
especially knowledge of percentage of completion accounting and
construction contracts *Qualified candidates will have a minimum of
3 years accounting experience, preferably with construction
accounting *Experienced supporting a large number of team members
*Proficiency in working on the computer in Microsoft Office, Email
and Calendar systems, and PowerPoint *Intermediate skills in
Microsoft Excel, as well as experience with ERP accounting
applications *Strong working knowledge of basic office equipment
*Strong communication skills both written and verbal *Ability to be
highly organized Mortenson is an EOE/Affirmative
Action/M/F/Veteran/Disabled employer. This position is not eligible
for sponsorship #LI-BS1
Keywords: Mortenson, Milwaukee , Project Accountant, Accounting, Auditing , Milwaukee, Wisconsin
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